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$XRP $1 will eye 🤑 investors but it stuck here all while 0.5, should we say XRP is ending road or what? Drop your comments 👇👇👇
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I don't think ripple will move, people were just predict to rise to $1
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#ETFvsBTC PART 2 Cons of Bitcoin Spot ETF When you purchase ETFs, you don't own the underlying Bitcoin, thus limiting your control over your investment. The Bitcoins held in the ETF are all under custodial ownership, which means if the custodian were to suffer from a security breach or loss of access, it would greatly affect the investors holding the ETFs. While investing in spot bitcoin ETFs could save you the time and costs of exchanging and securing Bitcoins yourself, these ETFs do charge management fees or expense ratios to cover operational costs, diminishing your returns over time. These fees can be higher than traditional equity ETFs because the ETF must also pay fees for the trading and custodial fees of the exchange. Is Bitcoin Spot ETF for me, you and all investors? The Bitcoin Spot ETFs represent a significant evolution in cryptocurrency, offering a regulated and simplified way to gain exposure to bitcoin’s prices. However, convenience does comes additional costs with management fees. #DYOR
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#ETFvsBTC PART1- The Little I Can Explain On Their Differences Ever since the Bitcoin Spot ETF was approved, many have been asked what are the differences between the two of them? Would it be better to buy Bitcoin or the ETF? In this post, I will start by sharing what are some of the benefits and considerations when buying ETFs. Pros of Bitcoin Spot ETF For traditional investors, Bitcoin ETFs simplify entry into the cryptocurrency market, avoiding the technicalities of crypto wallets and blockchain. You can be excused from managing wallets with Bitcoins, navigating online crypto exchanges, or grappling with private and public keys. Removing such technical hurdles simplifies the investing decision into Bitcoin, making it a more attractive proposition for those accustomed to traditional investments. ETFs in general are subject to regulatory scrutiny, offering a layer of security and peace of mind for investors wary of the unregulated crypto space. When purchasing bitcoins outright, you might be doing so without the backing of clear, standardized regulations. Spot bitcoin ETFs are subject to rules that ensure transparency and protect investors. For traditional investors, Bitcoin ETFs simplify entry into the cryptocurrency market, avoiding the technicalities of crypto wallets and blockchain. You can be excused from managing wallets with Bitcoins, navigating online crypto exchanges, or grappling with private and public keys. Removing such technical hurdles simplifies the investing decision into Bitcoin, making it a more attractive proposition for those accustomed to traditional investments. ETFs in general are subject to regulatory scrutiny, offering a layer of security and peace of mind for investors wary of the unregulated crypto space. When purchasing bitcoins outright, you might be doing so without the backing of clear, standardized regulations. Spot bitcoin ETFs are subject to rules that ensure transparency and protect investors. Read cont'd for PART2 #DYOR
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$BTC Soon we will see 61k
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